Connect with us
Advertise With Us


EFCC Secures 158 Convictions In 8 Months



The Economic and Financial Crimes Commission,EFCC has secured 158 convictions between January and August,  2018, LEADERSHIP findings have revealed.

According to a document obtained from the anti-graft agency, the Commission also recovered N106,516,222,383.68 within the same period.

Also,a total of 1,635,925.81 US dollars, 25,575.00 Euros and 629,193.65 British pounds were recovered within the period under review.

Furthermore, the document also revealed that the EFCC has equally recovered N35billion for the Federal Inland Revenue Service,  FIRS and about N4 billion for the Asset Management Corporation of Nigeria,  AMCON.

This is even as the Commission is currently collaborating with FIRS and AMCON to recover more tax liabilities of other institutions running into billions, who have been identified, indicted and ready to pay.

It would be recalled that while interacting with the media recently, the EFCC acting chairman, Ibrahim Magu said with the $2.1 billion Dasukigate investigation, numerous senior military officers and their civilian accomplices were investigated and tried.

According to him,“Before now, military budgets were no-go areas that unfortunately had hemorrhaged our country badly.”

Magu also noted that investigation of corruption in the Judiciary by the EFCC has “helped in building public confidence again in our Judiciary in our Judiciary.”

He further cautioned politicians against reckless spending and bribery, noting that excessive use of money during elections leads to gross financial abuse and perversion of the electoral process and enthrone bad leadership which in turn creates corruption and bad governance.





%d bloggers like this: